Wall Street analysts expect that Williams Companies, Inc. (The) (NYSE:WMB) will announce sales of $1.90 billion for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Williams Companies, Inc. (The)’s earnings. The lowest sales estimate is $1.78 billion and the highest is $2.02 billion. Williams Companies, Inc. (The) reported sales of $1.91 billion during the same quarter last year, which would suggest a negative year over year growth rate of 0.5%. The business is scheduled to report its next earnings report on Monday, October 30th.

On average, analysts expect that Williams Companies, Inc. (The) will report full year sales of $1.90 billion for the current fiscal year, with estimates ranging from $7.62 billion to $8.03 billion. For the next financial year, analysts forecast that the firm will report sales of $8.11 billion per share, with estimates ranging from $7.88 billion to $8.50 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Williams Companies, Inc. (The).

Williams Companies, Inc. (The) (NYSE:WMB) last announced its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.06). The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same quarter in the previous year, the firm posted $0.19 earnings per share.

A number of research analysts have recently commented on the company. BidaskClub upgraded Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Scotiabank set a $30.00 price target on Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. Barclays PLC upgraded Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $33.00 to $36.00 in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada raised their price target on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $34.00.

Shares of Williams Companies, Inc. (NYSE WMB) opened at 30.11 on Friday. The stock has a 50 day moving average of $29.93 and a 200-day moving average of $30.03. The company has a market capitalization of $24.89 billion, a price-to-earnings ratio of 47.49 and a beta of 1.38. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Friday, September 8th were given a dividend of $0.30 per share. The ex-dividend date was Thursday, September 7th. This represents a $1.20 annualized dividend and a dividend yield of 3.99%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is 196.72%.

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In other news, insider Donald R. Chappel sold 272,088 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total transaction of $8,249,708.16. Following the completion of the sale, the insider now directly owns 60,032 shares in the company, valued at $1,820,170.24. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Ted T. Timmermans sold 2,000 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total value of $61,320.00. Following the sale, the vice president now owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 284,001 shares of company stock valued at $8,608,319. Corporate insiders own 0.53% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Massey Quick & Co. LLC bought a new stake in shares of Williams Companies, Inc. (The) during the first quarter worth $121,000. Bronfman E.L. Rothschild L.P. lifted its position in shares of Williams Companies, Inc. (The) by 78.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after purchasing an additional 1,997 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Williams Companies, Inc. (The) by 124.1% during the first quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock worth $143,000 after purchasing an additional 2,573 shares during the last quarter. CWM LLC lifted its position in shares of Williams Companies, Inc. (The) by 300.7% during the second quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after purchasing an additional 3,672 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC lifted its position in shares of Williams Companies, Inc. (The) by 41.6% during the second quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after purchasing an additional 1,530 shares during the last quarter. Institutional investors and hedge funds own 84.71% of the company’s stock.

About Williams Companies, Inc. (The)

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

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Earnings History and Estimates for Williams Companies, Inc. (The) (NYSE:WMB)

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